Flat 90 м² in Madrid, Spain

1 036 912 $

11 521 $ /м²

4OaSC

Area

90 м²

Bedrooms

Bathrooms

Apartment in Central and Northern Spain. City - Madrid

Beautiful property, completely renovated with luxurious quality, located in the prestigious Salamanca district (Madrid). Located on the 3rd floor, we find this beautiful exterior home with 2 balconies overlooking the street. The 90 sq.m. house has 2 bedrooms and 2 bathrooms. Very bright house in a classic building. Additionally, there is a garage space. Air conditioning. Terrace. Furnished. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 036 912 $

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Madrid; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Madrid short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (1 036 912 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Madrid: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).